Need for Funding

Spending Breakdown

Cents to the Cause

For a dollar donated, cents funding the cause after fundraising and admin costs, excluding surplus.

Full-time staff #4,284

Avg. Compensation $108,843

Top 10 Staff Salary Range

$350k +

3

$300k - $350k

3

$250k - $300k

4

$200k - $250k

0

$160k - $200k

0

$120k - $160k

0

$80k - $120k

0

$40k - $80k

0

< $40k

0

Information from most recent CRA Charities Directorate filings for F2015

About University of Western Ontario:

Founded in 1878, University of Western Ontario is a public research university located in London, Ontario, Canada. The university has 23,383 undergraduate students, 2,977 masters students, 2,026 PHDs, and 1,410 full-time staff, for a student to full-time staff ratio of 24:1. The university offers more than 400 different specializations, majors, and minors at the undergraduate level. The university has 12 schools and 3 affiliated university colleges. In F2015, only 3% of total revenue came from donations and 32% of total revenue came from student fees. The university has raised $642m for its $750m 'Be Extraordinary' fundraising campaign as of 2016. The $750m will be allocated as follows: $277m or 37% to student awards and programs, $199m or 27% to attracting and retaining top faculty members, $182m or 24% to academic research, and $92m or 12% to infrastructure.

Financial Review:

In F2015, University of Western Ontario's administrative costs were 2% of revenues while fundraising costs were 12% of donations. Total overhead costs of 14% fall within Ci's reasonable range. The university has funding reserves of $1,069m, including donor-endowed funds of $532m. This funding reserve can cover annual programs for 13 months or 6 months excluding donor-endowed funds.

Analysis updated by Ruoxi Gao in 2016, currently under review by University of Western Ontario.

Financial Ratios

Fiscal year ending April

2015

2014

2013

Administrative costs as % of revenues

2.1%

2.1%

2.0%

Fundraising costs as % of donations

12.2%

12.5%

10.2%

Program cost coverage (%)

107.2%

89.9%

80.2%

Summary Financial Statements

All figures in $000s

2015

2014

2013

Donations

55,010

52,356

55,545

Government funding

455,432

491,345

476,682

Fees for service

508,156

468,402

429,936

Investment income

80,782

90,355

62,703

Other income

22,506

18,803

19,309

Total revenues

1,121,886

1,121,261

1,044,175

Program costs

996,781

988,648

945,660

Administrative costs

21,631

21,192

19,676

Fundraising costs

6,724

6,524

5,664

Cash flow from operations

96,750

104,897

73,175

Funding reserves

1,068,753

888,922

757,993

Note: Ci used fundraising allocations from the university's T3010 CRA filing as the charity did not report fundraising costs separately from administration costs on its audited financial statements. Ci included net revenue from sales and services, reducing both revenues and expenses by $39m in F2015, $38m in F2014, and $37m in F2013.

Comments added by the Charity:

The information in this report was prepared by Charity Intelligence Canada and its independent analysts from publicly-available information. Charity Intelligence Canada and its analysts have made endeavours to ensure that the data in this report is accurate and complete but accept no liability.